Contemporary Bedding design for your bed
29 November 2007
Labels: Smorty
Stumble It!
Happiness cannot be traveled to, owned, earned, worn or consumed. Happiness is the spiritual experience of living every minute with love, grace, and gratitude.
Labels: Smorty
The meaning of the term "Big Oil" has changed overnight, as state-controlled PetroChina became the first company worth more than $1 trillion, tripling its value Monday in its debut on the Shanghai Stock Exchange and making it by far the largest company in the world.
Analysts are puzzling over whether this cash infusion will transform the energy scene and the role of China in the world economy or whether the Asian market is caught up in an irrational exuberance that will make the dot-com bubble seem small.
Here's a primer on PetroChina (PTR, news, msgs) and what it might mean to you:
Just how big is PetroChina?
By market capitalization, it is now worth more than the two previous global corporate front-runners, ExxonMobil (XOM, news, msgs) and General Electric (GE, news, msgs), combined. A unit of the state-owned China National Petroleum, PetroChina is unquestionably China's biggest oil producer. But PetroChina makes only one-quarter of the revenue that Exxon rakes in, and it has slightly less in oil and gas reserves -- an important factor investors consider when they weigh an oil company's prospects.
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Significantly, though, PetroChina's reserves have been growing about 5% a year in recent years, outpacing those of Exxon and other oil giants.
What does PetroChina plan to do with all that money?
It's no secret. This year, PetroChina has announced a string of oil and natural-gas discoveries and projects. Just two weeks ago, the company announced a major gas field in the northwest Xinjiang region. Earlier this year, PetroChina said it would spend $5.2 billion by 2012 to develop the nation's biggest oil discovery in almost a half a century: the Jidong Nanpu field in northern China's Bohai Bay area.
The Chinese government, concerned over the country's growing foreign-oil dependence, has been pressing its oil companies to spend more on exploration and development. PetroChina is showing results. But it needs money to turn those discoveries into fuel.
Will a cash-infused PetroChina transform the world oil market and ease spiraling crude prices?
That remains to be seen. It is true that if PetroChina were successful in producing more oil for the fast-growing Chinese economy, it would ease the stress on the world market. But PetroChina faces a lot of pressures that its rivals in capitalist countries, such as ExxonMobil, don't have to worry about. One of the most significant: The Chinese government's price controls keep gasoline prices artificially low, so PetroChina's refinery business loses tens of millions of dollars a day. It is not clear whether the company has the strength to carry out its big plans.
Labels: Money Talk
A lecturer, when explaining stress management to an audience, raised a glass of water and asked,
'How heavy is this glass of water?'
Answers called out ranged from 20g to 500g.
The lecturer replied, 'The absolute weight doesn't matter. It depends on how long you try to hold it.
If I hold it for a minute, that's not a problem.
If I hold it for an hour, I'll have an ache in my right arm.
If I hold it for a day, you'll have to call an ambulance.
In each case, it's the same weight, but the longer I hold it, the heavier it becomes.'
He continued,
'And that's the way it is with stress management. If we carry our burdens all the time, sooner or later, as the burden becomes increasingly heavy,we won't be able to carry on. '
'As with the glass of water, you have to put it down for a while and rest before holding it again.
When we're refreshed, we can carry on with the burden.'
'So, before you return home tonight, put the burden of work down.
Don't carry it home. You can pick it up tomorrow.
Whatever burdens you're carrying now, let them down for a moment if you can.'
So, my friend, why not take a while to just simply RELAX.
Put down anything that may be a burden to you right now.
Don't pick it up again until after you've rested a while.
Life is short.
Enjoy it!
Labels: Health
Our bodies, in other words, aren't designed for stamina — they're designed for brief displays of power. "We'd all be smart to follow the Mongolians' lead," says Boyle. "If you substitute intensity for duration, and train for function rather than form, you'll get better at life itself." You'll also never have to spend more than 15 minutes at the gym. Here's a weeklong plan to get you fighting fit.
Think of each circuit as one continuous set. Perform eight to 10 reps of each exercise, resting for two minutes only after you've completed the entire circuit. Repeat each circuit three times. "True fitness is measured in workout density, how much you can do in as short a time as possible," says Craig Friedman, a performance specialist at Athletes' Performance in Tempe, Arizona. "Single-leg exercises are also key. We live life on one leg at a time, and by training on one leg, you'll get stronger faster."
Circuit B: Chin-ups; Side Planks; Single-Leg Dead Lifts
DAY 2 INTERVALS
Find a football field and, after warming up by jogging the perimeter twice, begin running the length of the field (go for 70 percent of your maximum sprint speed) and jogging the width. Stop after you've circled the field five times. "If you don't have a field nearby, find a road with telephone poles," advises Boyle. "Run the distance between three poles, jog to the fourth, and repeat 10 times." The entire workout shouldn't take longer than 12 minutes, but that's all the cardio you need, says Boyle.
In a recent study of cyclists at McMaster University, in Canada, researchers found that those who exercised intensely for just 18 minutes a day (four 30-second bursts of all-out cycling separated by four minutes of rest) experienced the same gains in performance as cyclists who pedaled continuously for two hours a day. "Have you ever seen a fat sprinter? Probably not," says Boyle. "But I bet you've seen a lot of fat joggers. Intensity will always win over duration. Always."
DAY 3 STRENGTH TRAINING
Follow the same strategy as outlined in Day 1. "The idea here is variation without change," explains Boyle. "You're going to perform the same basic movements — pushing, pressing, pulling, and squatting — but by switching up the exercises, you're going to hit different muscle fibers in different patterns." As a result, your muscles won't adapt to a routine, and performance won't plateau. "Body weight is also an important element of any functional exercise plan," says Friedman. "You don't carry around dumbbells in real life," so why overload your workout with them?
Circuit B: Inverted Rows Back Extensions One-Leg Romanian Dead Lifts
"Hill training represents a near-perfect combination of aerobic and anaerobic conditioning," says Boyle. "On one hand, you're getting your heart rate up and working your cardiovascular system. On the other, the hill's incline provides resistance for building leg strength." Find a hill with a 20 to 30 percent grade (roughly equivalent to an intermediate ski slope), and then run 50 meters uphill at 80 percent of your sprint speed. Walk down and repeat 10 times. Distance runs on flat ground are the scenic route.
DAY 5 Sports
Thus far, you've focused on strengthening various muscles and bodily systems through a series of functional workouts. Today, you're going to put everything together into one compound exercise: basketball. "No other sport gives you as much bang for your fitness buck," says Boyle. "It strengthens and reinforces every conceivable movement pattern — accelerating, decelerating, jumping, sprinting, upper-body coordination, and rapid changes in direction. Everything is rolled into this game." And you only need one opponent to reap the benefits. If basketball isn't your sport, try tennis, soccer, or rugby.
Labels: Health
The next time you're shopping for ibuprofen or some other anti-inflammatory, consider picking up a couple of salmon fillets while you're at it. Your achy knees will thank you.
For some time, the popular fish has been viewed as one of the best dietary sources of omega-3 fatty acids, a group of polyunsaturated fats that is more commonly connected to heart health. But new research now links the anti-inflammatory properties of omega-3s — which are also found in other fatty fish and plant-based foods like walnuts and flaxseed — to the relief of joint pain associated with arthritis or exercise.
In fact, "scientific evidence is leading us to believe that omega-3s may not only alleviate joint pain, but may also prevent it," says Dawn Jackson Blatner, R.D., a dietitian with Northwestern Memorial Hospital Wellness Institute in Chicago and a spokesperson for the American Dietetic Association. "Omega-3s are one of the key nutrients every runner should have in their diet." And not just for pain relief. Research has also shown that omega-3s may help prevent exercise-induced asthma. For some people, vigorous exercise can trigger a narrowing of the airways, restricting airflow. In a study from Indiana University, three weeks of fish-oil supplementation helped subjects extinguish airway inflammation and improve postexercise lung function by 64 percent.
A Natural Painkiller
At the forefront of the omega-3/joint-pain research is Joseph Maroon, M.D., a neurosurgeon at the University of Pittsburgh and an Ironman competitor. Since 2004, he has conducted several clinical studies that show omega-3s to be as effective as prescription medication at easing arthritis-related joint pain. One of his studies supplied 1,200 milligrams of DHA and EPA — two forms of omega-3s that seem to be the most effective — to 250 men and women with neck or back pain. After a month, 59 percent of those who popped fish-oil pills were free enough of pain to discontinue their use of nonsteroidal anti-inflammatory drugs (NSAIDs). Earlier this year, Canadian researchers bolstered Maroon's findings. Their analysis of 17 studies suggests that omega-3s effectively reduce joint-pain intensity and the number of tender joints. "Whether by running or other forms of stress or 'injury,' our bodies are always producing inflammatory substances," says Dr. Maroon. Omega-3s counter that production, Maroon adds, by enhancing the creation of the natural anti-inflammatory prostaglandin E3, thus reducing the body's level of tissue inflammation. Reduce inflammation and you hurt less and heal faster.
The Best Omega-3s
Currently, there is no recommended daily amount for omega-3s the way there is for vitamin C and other nutrients. (The government is waiting until more research confirms omega-3s' broad health benefits.) However, the Institute of Medicine, the research group that supplies the information on which dietary guidelines are built, suggests consuming 1.1 to 1.6 grams of omega-3s per day. Other groups, such as the American Dietetic Association and the American Heart Association, advocate two servings of fatty fish per week.
"Eating fish is the simplest way to get what you need," says Jackson Blatner. Fish are the richest dietary sources of DHA and EPA. All fish contain these forms of omega-3s, but salmon is the best source, followed by herring and sardines. (Salmon has high levels of omega-3 fatty acids because it eats a lot of krill fish, which eat algae, which is high in omega-3s.) Swordfish is also high in omega-3s, but it and other heavy, predatory fish (such as shark and mackerel) also may contain high levels of mercury. High mercury levels have also been detected in albacore, so when buying canned tuna, choose chunk light, which comes from skipjack tuna. Many nutritionists say that omega-3s trump the mercury concern. "The health benefits of fish far outweigh the risks," says Jackson Blatner.
Fish-oil supplements are a convenient option, especially for people with chronic joint pain and certain heart conditions. But as with any supplement, be sure to buy right. "Fish-oil pills vary on quality, purity, and concentration," says Maroon. Look for a supplement with 400 milligrams EPA and 200 milligrams DHA. If you experience an unpleasant aftertaste (a.k.a. "fishy burp") a half hour or so after taking fish oil, choose a capsule with an enteric coating (look for it on the label); it will stay intact long enough to be digested in your small intestine rather than your stomach. Freezing your fish-oil pills or taking supplements that contain enzymes called lipases may also mitigate fish burp.
Flaxseed, walnuts, and canola oil also contain high levels of omega-3s. But the type of omega-3s in plant sources (ALA) is less effective than those found in fish because the body must convert ALA to the other two forms (DHA or EPA). And since the body can only process three to five percent of the ALA you eat, a serving of walnuts, which has 2.5 grams, only provides about .12 grams of omega-3s. That said, if you don't eat fish, consuming omega-3s through plant sources is still worthwhile because the more ALA in your system, the more your body will convert to DHA or EPA.
The increasingly ubiquitous omega-3-fortified foods typically contain only a small amount of the nutrient, so it's best to use them as an addition to your intake rather than as the main source. A typical omega-3-fortified egg, for example, contains about 100 milligrams — a fraction of your daily need. Look for sources that use fish oil to enrich their products, since this source of omega-3s is linked to the most health benefits to date. And that's no fish story.
Labels: Health
Labels: Health
The Wall Street Journal has an excellent article about Nicholas Negroponte, an MIT professor who is pioneering an ambitious project to produce a $100 laptop that poor countries can buy for their children. It's a noble effort that would educate children and families as well as connect them to the Internet.
The article details the many challenges Negroponte is facing in his goal to get the laptop to 150 million children. So far, only about 2,000 children have received the computers. Why? Tech giants are worried the laptop will cut into future business opportunities in the developing world, so they're coming up with competing machines.
Intel last year created the Classmate, which sells for $250 to $300. It's mainly a competitive strike to keep rival AMD from making inroads into what could potentially be a huge market. Libya originally liked Negroponte's machine, but it's begun ordering the Classmate. And Microsoft has jumped in as well with a $3 version of Windows and Office for developing countries (Negroponte's laptop doesn't have Windows).
You can buy Negroponte's laptop for $400 (more info here). The high price is because for each laptop sold, Negroponte's group will give one free to a student in a poor country.
The prices for laptop computers were already dropping for U.S. consumers, but Negroponte could speed that decline. In the near future, paying less than $500 for a laptop could be the norm, and not the exception. And maybe a 63-year-old college professor could be the one to thank.
Labels: Money Talk
You don't have to own the company or be a CEO. Here's how to build a rich nest egg one paycheck at a time.
A number of the people profiled in "Millionaires tell how they did it" made their millions as entrepreneurs. But working for the Man doesn't mean you have to be a wage slave or resort to buying lottery tickets to strike it rich. The trick is to maximize your income on the job (and know when to move on), make the most of your employee benefits and tax breaks and use that extra money to start investing.
1. Keep your eyes peeled for better ways to do your job. Streamline a procedure, shave costs, create a new profit center, become an expert on a specific topic, volunteer for a company committee -- anything that will make you stand out as a prime candidate for a promotion or a pay boost.
2. Don't be afraid to negotiate. In a study of master's degree graduates from her university, Carnegie Mellon economics professor Linda Babcock found that those who negotiated their first salary boosted their pay by 7.4% compared with those who didn't bargain.
3. Get your ducks in a row and your numbers on paper. If possible, quantify how much your efforts add to the company's bottom line. If that's not feasible, spotlight your value with comparable salaries for workers in your position from a Web site, such as Salary.com, or from a professional association.
4. Plot your strategy when it's time to move on. Create a professional-looking page on MySpace that tells prospective employers why you're an exceptional candidate, recommends John Challenger of the outplacement firm Challenger, Gray & Christmas. And don't neglect more conventional networking: Join a professional association or show up at school reunions toting business cards.
Milk your benefits
5. Contribute as much as you can to your 401(k) and other tax-deferred retirement plans. You'll not only build a bigger nest egg, but you'll also cut your tax bill. In the 25% federal tax bracket, every $1,000 you contribute to a 401(k) trims your taxes by $250. And you'll save on state income taxes, too.
6. Flex your tax-saving muscle. Contribute pretax dollars to a flexible spending account to pay for dependent care or out-of-pocket medical expenses. If you set aside $1,500 per year and you're in the 25% bracket, avoiding federal income and Social Security taxes means Uncle Sam will subsidize almost $500 of your expenses.
7. Review your tax withholding. If you're expecting a refund this spring, you're having too much tax withheld from your paycheck -- and making an interest-free loan to Uncle Sam. That's no way to become a millionaire. Put more money in your pocket by using Kiplinger's withholding calculator and then filling out a new Form W-4.
8. Stash savings in a Roth IRA if you're eligible. Withdrawals in retirement, including decades of compounded earnings, will be tax-free. This year, income-eligibility limits for a Roth increase to $114,000 for individuals and $166,000 for married couples.
Invest like crazy
9. Don't delay. The quicker you get a jump on putting money aside, the easier it will be to stuff a seven-figure cushion. If you start at age 25, for example, investing $286 per month will get you $1 million by age 65, assuming you earn 8% annually.
10. Invest automatically, either through your employer's retirement plan or by setting up a regular deposit to a mutual fund or broker. You'll never miss the money, and you'll avoid two big mistakes: buying too much when stock prices are high and not buying at all when prices fall.
11. Watch for fund fees. The more you pay, the tougher it is to earn an above-average return. The typical hedge fund, for example, takes 20% of any gains, a huge hurdle to overcome. A better bet: no-load mutual funds with expense ratios of 1% or less. If you trade individual stocks, watch those commissions.
12. Keep it simple. Be wary of get-rich-quick schemes or sales pitches for complex investments, such as oil-and-gas partnerships, that trade on the millionaire cachet to lure investors into buying high-fee products they don't understand. Most millionaire households accumulate their wealth over the long term by sticking to a regular investing plan in a balanced portfolio.
Labels: Money Talk
When consumers talk about digital cameras, top brands such as Nikon, Olympus or Canon often came into their mind. These top brands have been a global market player in digital camera technology. Samsung who's better known as the top manufacturer of visual system is slowly penetrating into the digital camera world. I85 is their answer in the compact digital cameras category. After browsing through it's technical specification, to be honest, I'm quite impressed with the new player like Samsung. Equipped with 8.2 mega pixel 1/2.5" CCD, 5x optical zoom, MP3 player, SRS wow HD sound effects, and PMP, it's operating more than any conventional digital camera. With also the movie player, text viewer, voice recorder, portable hard drive and camcorder, I consider I85 as an portable media player. These options are consider as something that most consumers would go for comparing to other competitors.
Advance Shake Reduction option ensure I85 doesn't neglect it's picture shooting quality.
For months I have been searching for a decent online residual income program. Finally with god blessing I found bloggerwave. Bloggerwave is a website whereby it gives bloggers an opportunity to make a decent income by posting their advertisement in your blog. This is a very good news to all bloggers as they can do something that they love, in the mean time also making money. I'm very excited with bloggerwave and looking forward of bringing another source of income!
2) Selfridges chief chef Scott MacDonald holds up his creation of London's most expensive sandwich nick-named 'The MacDonald Sandwich' at the group's London store. The sandwich, which contained Wagyu beef, fresh lobe foie gras, black truffle mayonnaise, brie de meaux, rocket, red pepper and mustard confit and English plum tomatoes, cost £85.
4) These Cuban havana cigars cost £220 each - and only came in a box of 40. Now you're really smoking.
5) A property administrator in Christie's jewellery department displays a heart-shaped D flawless diamond weighing 37.01 carats. The asking price - a cool £1.55m.
9) Dweezil Zappa, son of legendary rock musician Frank Zappa, holds up the Fender Stratocaster guitar that was owned by and burnt on stage by Jimi Hendrix at the 1968 Miami Pop Festival. It fetched over £350,00 at auction - not exactly a song.
11) The unpublished manuscript "Improvvisata" by Italian composer Antonio Vivaldi is displayed at Christies in Rome. It was sold a part of a job lot of manuscripts valued altogether at £44,000.
Labels: My Life